>
> Bob Dancer wrote:
> Winning at a 54% rate means that you have an 8% edge, or in the way the number is expressed in video poker circles, you're playing a 108% game.
> ================
jeffcole2003oct wrote:
> To break even in sports betting, you have to win 11 bets for every 10 bets you lose, so a win percentage of 52.4% (11/21) means you break even. Wouldn't winning at a 54% rate give you a 2(54% - 52.4%) = 3.2% edge instead of an 8% edge?
>
>
Bob is referring to the fact that if you are winning 54% of your bets your opponent is only winning 46% rate against you. That's an 8% difference. Of course, the juice is not calculated in.
[vpFREE] Re: Bob Dancer's LV Advisor Column - 10 JAN 2012
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